Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 21.4 to 14.8.
Financials
Financial year 2025
RISI from Brussel, company number BE0472559947, closed financial year 2025 with a result of € 281,266 after tax. For that financial year RISI recorded revenue of € 305,341 and equity of € 508,006. Compared with financial year 2024, the result moved from € 435,632 to € 281,266. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 18, 2026.
€ 508,006
▲ 124% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 281,266
▼ 35% vs 2024
Profit after tax over the fiscal year.
€ 631,792
▲ 5% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -975,084.
People and assets in 2025
14.8
▼ 4.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.1 million
▲ 5% vs 2024
€ 210,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 61,835
▼ 73% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 62 days on average.
€ 729,891
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 338,801 | € 347,646 | € 800,341 | € 305,341 | ▼ 62% |
| Profit after taxes | € 295,985 | € 441,060 | € 435,632 | € 281,266 | ▼ 35% |
| Equity | € -649,952 | € -208,892 | € 226,740 | € 508,006 | ▲ 124% |
| Total debts | € 1,450,611 | € 1,167,866 | € 4,082,768 | € 3,802,300 | ▼ 7% |
| Cash | € 184,348 | € 181,237 | € 602,737 | € 631,792 | ▲ 5% |
| Retained profit | € -2,133,042 | € -1,691,982 | € -1,256,350 | € -975,084 | ▲ € 281,266 |
| Balance sheet total | € 800,659 | € 958,974 | € 4,309,508 | € 4,310,306 | |
| Employees (FTE) | 23.4 | 21.4 | 19.2 | 14.8 | ▼ 4.4 |
Key figures of RISI, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to RISI?
What happened at RISI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 281,266 (▼ 35% vs 2024). Source: NBB ↗
- Christopher DAVIES became a director. NBB
- Dan Klein stepped down as director. NBB
- Raju DASWANI became a director. NBB
- Dan Klein became a director. NBB
- Matthew Graves became a director. NBB
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 295,985 profit in 2022 to € 281,266 profit in 2025.
Paid € 592,512 in corporate taxes since 2022.
Best year ever: 2023, with € 441,060 profit.
Pays suppliers within 62 days on average.
A new publication or filing at RISI? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind RISI are Matthew Graves, Christopher DAVIES and Raju DASWANI.
Directors
According to the 2025 annual accounts
Matthew Graves
Administrator-manager
since 2007
Christopher DAVIES
Administrator-manager
since 2025
Raju DASWANI
Administrator-manager
since 2024
Dan Klein
Administrator-manager
since 2017 · until 2025
Establishments
Establishment units
Physical locations of this company
Louizalaan 231
1050 Brussel
Louizalaan 523
1050 Elsene
Active since 25 August 2000
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0472.559.947
- VAT number
- BE 0472.559.947
- Registered office
- Louizalaan 231, 1050 Brussel
- Names & denominations
- RISI
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 August 2000
- Peppol
- Active · Active since 4 Aug 2026
- Activities · NACE
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